
Newman, CA 95360
This Spacious Single-Family Residence represents a High-Potential Investment Opportunity, listed at $489,900—positioned well below the $506,673 Fair Market Value by 3%. This valuation gap offers $16,773 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home includes a versatile downstairs study and covered stamped concrete patio, though it requires finishing touches like baseboards and upstairs flooring. This property is an ideal acquisition for Value-Add Investors or first-time buyers seeking to build equity through cosmetic improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1142 Canyon Creek Dr Subject 4 bd · 3 ba · 2,538 sqft · $200 | $489,900* List Price | 4 | 3 | 2,538 | $200 | - |
A 1118 Strawbridge Drive Sold 3 bd · 3 ba · 2,003 sqft · $215 · 0.2 mi | $430,000 | 3 | 3 | 2,003 | $215 | 0.2 mi |
B 1124 Strawbridge Drive Sold 4 bd · 2 ba · 1,756 sqft · $245 · 0.2 mi | $430,000 | 4 | 2 | 1,756 | $245 | 0.2 mi |
C 1542 Corgiat Drive Sold 3 bd · 3 ba · 2,130 sqft · $211 · 0.4 mi | $450,000 | 3 | 3 | 2,130 | $211 | 0.4 mi |
D 2025 Stoneglen Drive Pending 4 bd · 3 ba · 2,003 sqft · $210 · 0.2 mi | $419,999 List Price | 4 | 3 | 2,003 | $210 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004 (22 years old), the property is dated with original oak cabinetry and tile countertops in the kitchen and bathrooms. While it features fresh interior paint and new LVP flooring downstairs, the listing explicitly mentions unfinished upstairs flooring and missing baseboards throughout, requiring immediate minor repairs and finishing to be move-in ready.
Boasting over 2,500 square feet, the home features soaring ceilings and a versatile downstairs study that can easily serve as a fifth bedroom or a dedicated home office.
The property benefits from fresh interior paint throughout and new luxury vinyl plank flooring on the main level, providing a modern and updated feel in the primary living areas.
A three-car garage, a dedicated upstairs laundry room with cabinetry, and a covered stamped concrete patio offer superior functionality and storage compared to standard builds.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6177, other record lot size in square feet = 6098.
Portions of the upstairs flooring remain unfinished, requiring the buyer to allocate additional budget and time to complete the installation post-purchase.
The lack of baseboards throughout the home presents a significant cosmetic project that may affect the immediate move-in experience and overall aesthetic polish.
Welcome to 1142 Canyon Creek Drive! This spacious two-story home offers approximately 2,538 square feet of living space, 4 bedrooms, 2.5 bathrooms, a 3-car garage, and fresh interior paint throughout! Step inside to discover soaring ceilings in the formal living and dining areas, creating a bright, open, and inviting atmosphere. New luxury vinyl plank flooring enhances the downstairs living spaces, while the versatile downstairs study offers endless possibilities as a home office, playroom, hobby room, or potential fifth bedroom. The spacious kitchen provides plenty of room for everyday living. Upstairs, you'll find all four bedrooms, including two with walk-in closets. The generously sized primary suite features an oversized walk-in closet, while the conveniently located upstairs laundry room offers additional cabinetry and storage. Outside, enjoy a backyard complete with a covered patio and stamped concrete, ideal for relaxing or entertaining. Some upstairs flooring remains unfinished, along with baseboards throughout the home, offering buyers the opportunity to complete these finishing touches to their own personal taste. With generous living spaces, a flexible floor plan, and room to make it your own, this home is full of possibilities!
No exterior & parking available.
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.1 |
| Baths | 3.0 | 2.3 |
| Square foot | 2,538 | 1,549.429 |
| Lot Size | 6,177 | 6,517 |
| Price | $489.9K | $429.4K |
| Price per sq ft | $193 | $286 |
| Built year | 2004 | 1998 |
| HOA | $0 | $140 |
| Days on market | 16 | 51 |
Oct 9, 2026
$489,900
Initial Listing
May 22, 2014
$265,000
Public Record
Apr 23, 2008
$230,000
Public Record
Jul 8, 2005
$449,000
Public Record
Oct 14, 2004
$289,500
Public Record